Property profile

320 Ten Mile Rd Meridian, ID 83642

OFF-MARKET
Retail properties & Spaces
Property ID
US27-0919999
5,828 SF 1.5 ac lot Built 2024
Entity Owned 2-yr Hold
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Property summary

AI-generated overview

This exceptional 5,828 square foot retail space is located at 320 S. Ten Mile Road in Meridian, Idaho, a rapidly growing area in the heart of the Boise Valley. The property boasts prime frontage on Ten Mile Road, a major thoroughfare with a daily traffic count of 37,500 vehicles. Currently under construction with a projected completion date of 2024, this multi-tenant building offers 4,288 square feet of immediately available space. The property sits on 1.5 acres of land and includes 35 parking spaces, ensuring ample convenience for customers. Its strategic location is a significant advantage, situated just half a mile north of I-84 and at a main entrance point for several major developments including Scheels, The Lofts at Ten Mile, The Flats at Ten Mile, and Altair Apartments. The presence of Dutch Bros Coffee as an anchor tenant will further enhance visibility and draw significant foot traffic to the property. The property is zoned C-G (General Retail and Service Commercial), offering flexibility for a variety of retail uses. The APN is R8483010020. This is a rare opportunity to secure a prominent retail space in one of Idaho's fastest-growing submarkets.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 5,828 SF
Lot 1.5 ac (65,340 SF)
UPID US27-0919999

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

320 Ten Mile Rd Meridian, ID 83642
Meridian metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
5 recorded transactions
2024
Price N/A
2024
Price N/A
2023
Price N/A
2023
Price N/A
2021
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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